MarketsFarm — The ICE Futures canola market continued its months-long upward trajectory during the week ended Wednesday, hitting fresh contract highs in many months as tight old-crop supplies and weather […] Read more
Tag Archives Canola

ICE weekly outlook: Canola’s uptrend intact for now

Spring update for cereal crops and oilseeds
OMAFRA Field Crop Report for April 29
Winter wheat Winter wheat acreage is up by 8 per cent compared to the 2020 growing season (Statistics Canada). In general, the winter wheat crop looks very good throughout the […] Read more

ICE weekly outlook: Challenging crop year ahead for canola
MarketsFarm — With declines in canola following Statistics Canada’s bullish-leaning projections for acres, it’s becoming more difficult to determine which way prices will trend in coming weeks and months. “Where […] Read more

StatsCan’s projected canola area on low side of expectations
Wheat acres expected lower, barley up
MarketsFarm — As the market grapples with new planting projections from Statistics Canada, one thing was abundantly clear to MarketsFarm Pro analyst Mike Jubinville: this canola forecast isn’t enough to […] Read more

Viterra plans major canola crusher for Regina
Expected capacity would make facility largest in world
Grain handler and processor Viterra is taking its plans to build the world’s biggest canola crusher to its Prairie home town. The North American arm of Rotterdam-based Viterra said Monday […] Read more

More canola, less wheat expected ahead of StatsCan report
'Returns per acre are just so much stronger'
MarketsFarm — Canadian farmers are seen as likely to plant more canola and barley and less wheat this spring, as market participants await the first survey-based estimates from Statistics Canada […] Read more

Cargill to crush canola at Regina
New plant to process up to one million tonnes per year
The Canadian arm of agrifood giant Cargill plans to further expand its reach in the Prairie canola market with a new crush plant at Regina and upgrades elsewhere. The company […] Read more

ICE weekly outlook: Canola’s uptrend still intact
MarketsFarm — ICE Futures canola contracts climbed to fresh highs during the week ended Wednesday, with no end to the uptrend in sight from a fundamental standpoint. “We are in […] Read more

Slight adjustments in AAFC’s April supply/demand report
MarketsFarm — Updated supply and demand estimates from Agriculture and Agri-Food Canada, released Tuesday, included only minor adjustments to balance sheets for most major crops. Statistics Canada releases its first […] Read more

Grain, oilseed exports at strong pace
MarketsFarm — Canadian grain and oilseed exports continue at a strong pace, with movement of canola, wheat and barley all running well ahead of the year-ago pace. Crop-year-to-date exports of […] Read more